Showing 1 - 10 of 28
This paper suggests that human capital externalities are important in determining whether goods and services should be privately or publicly provided. We study situations where that the cost incurred by an individual provider for providing quality is affected by the human capital of her...
Persistent link: https://www.econbiz.de/10005124298
same firm when a better design of the infrastructure helps also to save on operating costs (positive externality … environments where the quality of the infrastructure may be hard to describe in advance, we isolate conditions under which either …
Persistent link: https://www.econbiz.de/10005136716
This paper examines the importance of buyer-supplier relationships, geography and the structure of the production network in firm performance. We develop a simple model where firms can outsource tasks and search for suppliers in different locations. Low search and outsourcing costs lead firms to...
Persistent link: https://www.econbiz.de/10011262884
This paper proposes a simultaneous-equation approach to the estimation of the contribution of transport infrastructure … accumulation to regional growth. We model explicitly the political-economy process driving infrastructure investments; in doing so … that shape infrastructure policy. Our empirical findings on a panel of France's regions over 1985-91 suggest that influence …
Persistent link: https://www.econbiz.de/10005666545
infrastructure to the transition process. In addition to the direct cost savings, infrastructure investment generates important … indirect effects, or transition impacts. The model shows that, by reducing transaction costs, infrastructure intensifies … model, infrastructure also increases the incentives for low-cost firms to restructure which generates additional efficiency …
Persistent link: https://www.econbiz.de/10005667044
We work with a panel of bilateral trade flows from 1988 to 2002, exploring the influence of infrastructure … the institutions and infrastructure literature in this respect, using selection-based gravity modeling of trade flows. We … also depart from this literature by mixing principal components (to condense our institutional and infrastructure measures …
Persistent link: https://www.econbiz.de/10005789157
This paper describes the empirical regularities relating fiscal policy variables, the level of development and the rate of growth. We employ historical data, recent cross-section data, and newly constructed public investment series. Our main findings are: first, there is a strong association...
Persistent link: https://www.econbiz.de/10005791535
This Paper first develops a tractable economic geography model we use to investigate the decline of transport costs as a cause of regional inequalities. Next, we perform a structural estimation of this model using a new dataset on road transport costs between the 341 French Employment Areas. We...
Persistent link: https://www.econbiz.de/10005791737
simultaneously accounts for the real network infrastructure, a distance cost (fuel, repair, tolls), and a time opportunity cost …
Persistent link: https://www.econbiz.de/10005791775
This Paper compares the observed distribution of the stock of infrastructures across the Spanish regions with the optimal allocation derived from a planning problem in which the observed degree of ex-post redistribution is taken as given. The results suggest that Spanish public investment policy...
Persistent link: https://www.econbiz.de/10005792256